🔗 Smart Deposit Addresses Simplify Cross-Chain Banking
🔗 Smart Deposit Addresses Simplify Cross-Chain Banking
🏦 Banking Without Bridges
Rhino.fi launches Smart Deposit Addresses (SDA) to eliminate complex crypto banking UX. The solution allows users to make one simple transfer from 8 chains to 35+ destinations without multiple approvals or bridges.
Key features:
- Single reusable deposit address per user
- No wallet connection required
- Automated fund routing to preferred destination chain
- Works with ERC-20 tokens across ETH, Arbitrum, Base, and more
How it works:
- Generate unique deposit address via API
- User sends tokens from any supported chain
- Rhino.fi detects and bridges funds automatically
- Funds arrive on destination chain seamlessly
Use cases include:
- Embedded wallet top-ups
- Cross-chain payments
- Treasury consolidation
- Fiat-crypto flows
- Instant CEX deposits
The system leverages EIP 7702 for smoother smart contract wallet interactions. This eliminates wrong chain errors, approval transactions, and bridging complexity.
For crypto neobanks, deposits shouldn’t break UX. Instead of multiple approvals and bridges, Smart Deposit Addresses (SDA) let users make one simple transfer from 8 chains to 35+ destinations. Read all use cases here: rhino.fi/blog/5-ways-to…
Extended App Processes $4.99M Single-Click Ethereum to Starknet Bridge
Extended App successfully processed a **$4.99 million deposit** from Ethereum to Starknet in a single transaction step. **Key highlights:** - Funds arrived directly in the trading vault, ready for immediate use - Enabled by Rhino.fi's post-bridge actions technology - Demonstrates scalable single-click onboarding capabilities This transaction showcases the potential for **streamlined cross-chain operations** in DeFi, eliminating multiple steps typically required for bridging and depositing funds. The integration between Extended App and Rhino.fi enables users to move from Ethereum to active trading positions on Starknet without manual intervention after the initial transaction. [Read the full case study](https://rhino.fi/blog/single-click-onboarding-at-scale-the-extended-case-study)
🦏 Rhino Powers 3 of Top 10 Perp Exchanges
**Rhino infrastructure dominates perpetual trading platforms**, powering 3 of the top 10 perpetual exchanges listed on DefiLlama. The platform provides: - **Crosschain onboarding and settlement flows** - Automated collateral rebalancing - Post-bridge actions for seamless trading **Live debate happening now** between two Rhino-powered exchanges: - Paradex - ExtendedApp The discussion focuses on perpetual exchange strategies and infrastructure. **Growing ecosystem**: Rhino previously announced support for 4 leading perpetual appchains, offering Bridge-as-a-Service with stablecoin liquidity delivery across 35 chains. [Join the live debate](https://x.com/i/broadcasts/1lPKqvyPRvAGb)
🚀 Bitcoin Yield Farming
**Starknet Earn** has officially launched, introducing Bitcoin yield opportunities to the Starknet ecosystem through BTCFi. **Key Features:** - Bridge WBTC from Ethereum to Starknet - Earn yield through multiple DeFi protocols - Supported by 100M STRK token rewards **Available Yield Strategies:** - Stake BTC for validator-backed returns - Lend through Vesu and Opus Money - Provide liquidity on Ekubo and Spline - Use BTC as collateral for perpetual trading **Eligible Pools:** - WBTC/LBTC - WBTC/SolvBTC - WBTC/TBTC - XLBTC/LBTC Users can borrow USDC, USDT, CASH with USDA and USDU coming soon. [Bridge WBTC to Starknet](https://app.rhino.fi/bridge?mode=pay&chainIn=ETHEREUM&chainOut=STARKNET&token=WBTC&tokenOut=WBTC) to start earning yield on your Bitcoin holdings.
🦏 TRON Integration
**Rhino Smart Deposit Addresses** now supports TRON, enabling CEX-style onboarding without wallet connections. **Key Features:** - Accept multiple stablecoins, automatically convert to USDT - Programmable, reusable deposit addresses - No pre-funding required from developers - Fast deposits and withdrawals **Use Cases:** - App onboarding from centralized exchanges - Payment processing across chains - Treasury operations - CEX integration The system allows users to send tokens from any supported chain to a single address, with Rhino handling cross-chain routing automatically. **30+ early adopters** already using the service across multiple chains. [Get started with integration docs](https://docs.rhino.fi/sdk/smart-deposits)